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What would happen to the RE market if delta strain became pandemic 2.0
06-30-2021, 07:01 PM
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What would happen to the RE market if delta strain became pandemic 2.0
Who should pepper their angus the most?
Rentcels
Mortgagecels
Seller cels
Buyer cels
Rentcels
Mortgagecels
Seller cels
Buyer cels
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06-30-2021, 07:09 PM
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Small landlords
06-30-2021, 07:12 PM
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Probably make it even more frenzied.
It wouldnt go down.
As long as rates are low, people who continue to leverage themselves to get homes to live in or rent out.
Rentcels will probably take advantage of no eviction laws.
It wouldnt go down.
As long as rates are low, people who continue to leverage themselves to get homes to live in or rent out.
Rentcels will probably take advantage of no eviction laws.
06-30-2021, 07:20 PM
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Originally Posted By denrocks1⏩
Pepper thy angus for meme stonk rally tooMarket goes up on hopes of more stimulus
Originally Posted By AlwaysFocus⏩
Lumber prices through the roofProbably make it even more frenzied.
It wouldnt go down.
As long as rates are low, people who continue to leverage themselves to get homes to live in or rent out.
Rentcels will probably take advantage of no eviction laws.
It wouldnt go down.
As long as rates are low, people who continue to leverage themselves to get homes to live in or rent out.
Rentcels will probably take advantage of no eviction laws.

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06-30-2021, 07:23 PM
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If the “feds” decide to raise rates simultaneously to curb inflation, rip
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06-30-2021, 07:24 PM
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FKN LOl @ "new variant". When will they let this BULLCHIT GO?!?!?!
06-30-2021, 07:29 PM
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The housing market discussion is almost as polarized as the crypto discussions.
* Guys who bought a house in recent years don't want to think that they bought at inflated prices and will irrationally argue that housing prices will go up and up FOREVER....."cause we're not making anymore land".... yeah we've never heard that argument before, right?
* Guys who are looking to buy are arguing that it's eventually going to do down, they won't entertain the idea that it could possibly stay flat at current prices (not go up, but won't go down either)....
* And then there's the argument of institutional investors and foreign investors. Yes, it's true that they're buying up, but they're buying with leverage. If people don't rent, or if eviction moratoriums continually get extended indefinitely at the state level, then these buy institutions are going to see a loss. Will the gov bail them out? Maybe the domestic institutions, but not the foreign ones.
Myself personally, I'm seeing signs of the market cooling down. I have my own common sense reasons. The first is that there is no way the average American family can afford a $700K home with a down payment of 5%. And no, most Americans DON'T have enough for a 25% downpayment on $700K, most Americans can't even pay off their credit cards, there's no way they have $175K for a downpayment.
A correction is incoming regardless of personal bias.
* Guys who bought a house in recent years don't want to think that they bought at inflated prices and will irrationally argue that housing prices will go up and up FOREVER....."cause we're not making anymore land".... yeah we've never heard that argument before, right?
* Guys who are looking to buy are arguing that it's eventually going to do down, they won't entertain the idea that it could possibly stay flat at current prices (not go up, but won't go down either)....
* And then there's the argument of institutional investors and foreign investors. Yes, it's true that they're buying up, but they're buying with leverage. If people don't rent, or if eviction moratoriums continually get extended indefinitely at the state level, then these buy institutions are going to see a loss. Will the gov bail them out? Maybe the domestic institutions, but not the foreign ones.
Myself personally, I'm seeing signs of the market cooling down. I have my own common sense reasons. The first is that there is no way the average American family can afford a $700K home with a down payment of 5%. And no, most Americans DON'T have enough for a 25% downpayment on $700K, most Americans can't even pay off their credit cards, there's no way they have $175K for a downpayment.
A correction is incoming regardless of personal bias.
Everything I post is satire.
Tricknology Grand Master.
06-30-2021, 07:33 PM
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Originally Posted By N0stradamus⏩
Another element not often discussed but that’s also brewing in the background, aside from what you mentioned, is people using “their” home equity as a credit card to get that new Tesla and keep up with the jonses, but they’re just digging themselves deeper. About 70% of my neighbors have been doing just that and not thinking about the longer term ramifications; I’m sure it’s the same all across the countryThe housing market discussion is almost as polarized as the crypto discussions.
* Guys who bought a house in recent years don't want to think that they bought at inflated prices and will irrationally argue that housing prices will go up and up FOREVER....."cause we're not making anymore land".... yeah we've never heard that argument before, right?
* Guys who are looking to buy are arguing that it's eventually going to do down, they won't entertain the idea that it could possibly stay flat at current prices (not go up, but won't go down either)....
* And then there's the argument of institutional investors and foreign investors. Yes, it's true that they're buying up, but they're buying with leverage. If people don't rent, or if eviction moratoriums continually get extended indefinitely at the state level, then these buy institutions are going to see a loss. Will the gov bail them out? Maybe the domestic institutions, but not the foreign ones.
Myself personally, I'm seeing signs of the market cooling down. I have my own common sense reasons. The first is that there is no way the average American family can afford a $700K home with a down payment of 5%. And no, most Americans DON'T have enough for a 25% downpayment on $700K, most Americans can't even pay off their credit cards, there's no way they have $175K for a downpayment.
A correction is incoming regardless of personal bias.
* Guys who bought a house in recent years don't want to think that they bought at inflated prices and will irrationally argue that housing prices will go up and up FOREVER....."cause we're not making anymore land".... yeah we've never heard that argument before, right?
* Guys who are looking to buy are arguing that it's eventually going to do down, they won't entertain the idea that it could possibly stay flat at current prices (not go up, but won't go down either)....
* And then there's the argument of institutional investors and foreign investors. Yes, it's true that they're buying up, but they're buying with leverage. If people don't rent, or if eviction moratoriums continually get extended indefinitely at the state level, then these buy institutions are going to see a loss. Will the gov bail them out? Maybe the domestic institutions, but not the foreign ones.
Myself personally, I'm seeing signs of the market cooling down. I have my own common sense reasons. The first is that there is no way the average American family can afford a $700K home with a down payment of 5%. And no, most Americans DON'T have enough for a 25% downpayment on $700K, most Americans can't even pay off their credit cards, there's no way they have $175K for a downpayment.
A correction is incoming regardless of personal bias.
Coincel
Florida crew (lol at coldcels)
06-30-2021, 07:44 PM
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Originally Posted By ThatGuy950⏩
Indeed, in my personal life, I hear stories of people taking out equity to remodel their kitchens/bathrooms/patios etc or they're investing in a 2nd property.... cause "the market will go up and up FOREVER....".... people were doing the same thing in 2008 as well.Another element not often discussed but that’s also brewing in the background, aside from what you mentioned, is people using “their” home equity as a credit card to get that new Tesla and keep up with the jonses, but they’re just digging themselves deeper. About 70% of my neighbors have been doing just that and not thinking about the longer term ramifications; I’m sure it’s the same all across the country
Everything I post is satire.
Tricknology Grand Master.
06-30-2021, 08:08 PM
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#10
06-30-2021, 08:09 PM
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#11
06-30-2021, 08:10 PM
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Delta strain huh, with about the same fatality rate as the seasonal flu, with the same symptoms as ****ing hay fever... Clown Planet
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Meat-eating crew, leaf eaters GTFO
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06-30-2021, 08:13 PM
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The natural evolution of a virus is that it grows weaker over time, because the most deadly strains kills its host quickly and thus limits its opportunity to spread.... the weaker strains have more opportunity to spread, and so over time the strains all become progressively weaker.
This whole narrative that the delta is deadlier is ridiculous.
This whole narrative that the delta is deadlier is ridiculous.
Everything I post is satire.
Tricknology Grand Master.
06-30-2021, 08:18 PM
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Originally Posted By HarryfromCali⏩
Clown planet how? Nobody in America is saying that we’re going on lockdown again. No scientist or politician is making an issue of this, it’s just autistic miscersDelta strain huh, with about the same fatality rate as the seasonal flu, with the same symptoms as ****ing hay fever... Clown Planet
06-30-2021, 08:20 PM
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Originally Posted By N0stradamus⏩
I’m not saying delta is more dangerous but this just isn’t true at all. Yes, a virus can mutate into something that is more deadly to humans, there’s no reason it couldn’t.The natural evolution of a virus is that it grows weaker over time, because the most deadly strains kills its host quickly and thus limits its opportunity to spread.... the weaker strains have more opportunity to spread, and so over time the strains all become progressively weaker.
This whole narrative that the delta is deadlier is ridiculous.
This whole narrative that the delta is deadlier is ridiculous.
06-30-2021, 08:24 PM
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Originally Posted By ashin1⏩
Pretty much everybody but hopefully even the LOWEST iq NPCs have realized getting bent over and CUCKED like this is pathetic SRS.Who should pepper their angus the most?
Rentcels
Mortgagecels
Seller cels
Buyer cels
Rentcels
Mortgagecels
Seller cels
Buyer cels
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06-30-2021, 08:30 PM
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Originally Posted By navid93⏩
The CDC or the WHO, whatever said everyone should still wear mask even if they are “vaccinated” because of the new strain. Too bad nobody is buying that bullchit anymore.The vaccine protects against it. The cdc even said vaccinated people still don’t need to wear a mask even with this.
It’s a non issue
It’s a non issue
There is always gonna be a new strain, just like the flu, but no one is going to wear a mask anymore except the biggest cucks.
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06-30-2021, 08:30 PM
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Originally Posted By navid93⏩
who is "THEY"?Who is they? There’s literally a new variant, it happens.
Tyrannical democratic states that are re-instating mask mandates and bringing back restriction.
You know who the fuk "they" is.
06-30-2021, 08:31 PM
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Nothing nobody gives a **** about covid anymore bro
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06-30-2021, 08:33 PM
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06-30-2021, 08:34 PM
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If UI and stimmy continue with another lockdown, inflation just burns even hotter and the eventual correction will be even more severe.
But honestly, QE looks exhausted. We're in a liquidity trap now, where injecting more money doesn't really create any economic changes because there's already so much money in the system. No doubt another round of lockdown spending would keep asset prices pumped, but there's just not much room for them to run further. We've hit the limit where more stimmy =/= more pump.
But honestly, QE looks exhausted. We're in a liquidity trap now, where injecting more money doesn't really create any economic changes because there's already so much money in the system. No doubt another round of lockdown spending would keep asset prices pumped, but there's just not much room for them to run further. We've hit the limit where more stimmy =/= more pump.
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06-30-2021, 08:35 PM
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Originally Posted By the700level⏩
i got in a big argument with a co worker yesterday about the Delta strain, said all the stuff misc would agree with that its Bs, fear mongering, covid was blown out of proportion by the Govt, vaccines were rushed, etc...Nothing nobody gives a **** about covid anymore bro
he lost his mind and got super loud and kept saying how 600,000 Americans lost their lives to covid
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06-30-2021, 08:37 PM
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Originally Posted By BeginnerGainz⏩
Who is a world wide organization, not America, they have to worry about chitty poverty countries as well.The CDC or the WHO, whatever said everyone should still wear mask even if they are “vaccinated” because of the new strain. Too bad nobody is buying that bullchit anymore.
There is always gonna be a new strain, just like the flu, but no one is going to wear a mask anymore except the biggest cucks.
There is always gonna be a new strain, just like the flu, but no one is going to wear a mask anymore except the biggest cucks.
CDC says it’s fine
https://www.google.com/amp/s/thehill...-to-wear%3famp
It takes 3 seconds to prove you guys wrong.
06-30-2021, 08:39 PM
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Originally Posted By lolatpaniccels⏩
What democrat state is trying to do that because of delta?who is "THEY"?
Tyrannical democratic states that are re-instating mask mandates and bringing back restriction.
You know who the fuk "they" is.
Tyrannical democratic states that are re-instating mask mandates and bringing back restriction.
You know who the fuk "they" is.
Literally no politician or scientist is making an issue out of this. Media is using it as click bait and autistic miscers with zero social lives are eating it up.
This isn’t an issue at all. Nobody cares and nothing is going to happen from this. Fucing go outside and touch grass dude
06-30-2021, 08:42 PM
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Originally Posted By the700level⏩
Right wingers complain about left wingers complaining about covid more than left wingers actually complain about covid at this pointNothing nobody gives a **** about covid anymore bro
06-30-2021, 08:43 PM
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#26
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Originally Posted By ThatGuy950⏩
Damn well is cool I believe in the s so I’m relieving my stress, you don’t have tj apologize for Microsoft’s wrongdoing. However if they or anyone thought this was going tj end allowing China, big tech and the dems tj get away with their manufacturing of the coronavirus and there not at least be a naval blockade on their ports tj fully investigate the dea?Another element not often discussed but that’s also brewing in the background, aside from what you mentioned, is people using “their” home equity as a credit card to get that new Tesla and keep up with the jonses, but they’re just digging themselves deeper. About 70% of my neighbors have been doing just that and not thinking about the longer term ramifications; I’m sure it’s the same all across the country
There must be a misunderstanding because I don’t understand
Crazy right I guess I’m going tj be a slim lord
06-30-2021, 09:11 PM
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Originally Posted By navid93⏩
My whole point is, no one cares about this weak ass chest cold anymore. Chit, I had seasonal allergies worse than Covid. Absolutely no one who isn’t a massive cuck, Anthony Fauci, or one of these pharmaceutical execs looking to make even more money, cares about Covid anymore.Who is a world wide organization, not America, they have to worry about chitty poverty countries as well.
CDC says it’s fine
https://www.google.com/amp/s/thehill...-to-wear%3famp
It takes 3 seconds to prove you guys wrong.
CDC says it’s fine
https://www.google.com/amp/s/thehill...-to-wear%3famp
It takes 3 seconds to prove you guys wrong.
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06-30-2021, 09:15 PM
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Originally Posted By BeginnerGainz⏩
Exactly. Nobody cares. Not even the cdc or any politician/scientistMy whole point is, no one cares about this weak ass chest cold anymore. Chit, I had seasonal allergies worse than Covid. Absolutely no one who isn’t a massive cuck, Anthony Fauci, or one of these pharmaceutical execs looking to make even more money, cares about Covid anymore.
06-30-2021, 09:23 PM
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#29
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Originally Posted By navid93⏩
Australia just put 10 million people on lockdown over this lmao.Exactly. Nobody cares. Not even the cdc or any politician/scientist
Los Angeles just brought back indoor masks.
You really think lockdowns are "no longer on the table"? Okay Naive93
06-30-2021, 09:33 PM
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#30
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Originally Posted By lolatpaniccels⏩
Australia? Talking about America budAustralia just put 10 million people on lockdown over this lmao.
Los Angeles just brought back indoor masks.
You really think lockdowns are "no longer on the table"? Okay Naive93
Los Angeles just brought back indoor masks.
You really think lockdowns are "no longer on the table"? Okay Naive93
LA did not “bring back masks” they recommend you wear one indoors but there’s no law saying you must
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